3. Why We Are The Vendor Compliance Federation was founded by Kim Zablocky, formally President of New York Credit & Financial Management Association. Back in the 1990’s, retailers began to add efficiencies by utilizing new and innovative technologies to improve their order management processes and to wean costs from the supply chain. To gain benefit from those systems and processes, they put to new level of demand and expectations on their suppliers; vendor compliance rules. Failure to comply, often meant suppliers would be assessed a money deduction. Many financial managers of these vendor companies felt angst and frustration by not being able to improve their own processes fast enough to stem the tide of receivable dilution (chargebacks). Thus, the creation VCF. Ten years later, theVendor Compliance Federation (VCF)is the leading organization focused on solutions, services and best practices for supplier-retailer collaboration within consumer durables, ranging from fashion and cosmetics to electronics and home furnishings. 2000 - 2010
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5. Who We Are VCF is the leader in Retail and Vendor best practice solutions for supplier-retailer collaboration and is an advocate for retailer-supplier trading synchronization.
6. Who We Are VCF champions initiatives to increase strategic industry-wide productivity, profitability and growth. VCF serves a multitude of touch points in perfecting retailer-supplier execution to shorten cycle times and drive overall velocity in the supply chain.
7. Who We Are VCF draws participation from the Nations' leading department, specialty and discount stores. Just to name a few…
40. On a daily basis, we review retailers' compliance guidelines and report changes and updates to our membership (supplier-base only); through this service, we ensure receipt of the most up-to-date information, allowing timely and accurate implementation of changes.
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42. Be Organized: House all changes in one location for you to review at any time in an easy to read format.
43. Be Proactive: This allows you maximum time to implement posted retailer changes.
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45. Retailer Central provides a listing of ~300 retailers compliance sites, plus vendor portals and TMS links
46. The ability to set up a portfolio to organize compliance changes by the retailers and categories of your choosing
47. Sorting functionalities to help you find what you need and downloads to assist in meetings
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49. Membership: Compliance Clearinghouse Monitored Retailers: For the most up-to-date list of monitored Retailers, please visit: http://www.vcfww.com/chs_retailer_directory.asp
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51. Membership: Benchmarking / Research Current Projects: ASN Study Does ASN accuracy really matter? Can't we just assume that the vendor puts in the box what the ASN says is in the box? According to a study by Compliance Networks and Auburn University, an assumption of ASN accuracy may be risky. When problems arise, the implications reach from the DC all the way to the consumer. After examining ASN audit data from multiple retailers from 2006 to 2010, the study's preliminary findings indicate that average ASN accuracy rates are below 95%. To find out more about ASN accuracy rates and their implications, request a copy of the full report (available 11/2010).
52. Membership: Benchmarking / Research Current Projects: Deduction Policy Review In 2006, at the request of a prominent Retailer requesting a reference point for their own expense offset policy, VCF began compiling various Retailers' expense offset policies to both normalize deduction types and compare them in regard to violation description and dollar amount. Since then, the likes of 50 Retailer's policies have been studied across a wide cross section of the Retail Industry. To facilitate the normalization process, VCF's Global Compliance Protocol, a guideline outlining the recommended chapter structure for Retailer compliance guides, was utilized as a basis for organization. With all of this data, the Deduction Policy Review truly is an eye opening study that will have you looking at your own processes. VCF's Deduction Policy Review will be updated for 2010 and the results will be presented in November 2010.
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54. prioritize standards that may need special attention
55. focus on issues particularly important to the retailers
58. understand why each step is important, including what each component of the process means and entails
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61. VCF hosts the Open Forum for suppliers to discuss specific issues that need addressing, as well as discover best practices with particular trading partners among their peers.
62. VCF invites industry leaders for engaging discussions and thought provoking sessions, all devised for the attendee to leave with actionable takeaways.
63. VCF hosts social events for the opportunity for attendees to build lasting relationships in a casual atmosphere. For more information on upcoming VCF Events, please visit: https://www.vcmww.com/vcf/client/events.jsp
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67. Membership: Councils / Focus Groups Direction: Focus Group SAP Focus Group, in cooperation with the Value Chain Group and VCF. SAP has committed to participating in the Focus Group to help prioritize "need-to-fix" issues and looking at what could work better in the transactional process between retail trading partners. We will be working with direct access to SAP Labs in Palo Alto, CA. If your company is currently running SAP and you would like to be involved in this group, please contact VCF.
68. Membership: Councils / Focus Groups Direction: Retail Advisory Council The VCF Retail Advisory Council consists of retailers who have been instrumental in contributing the success and growth of VCF. The purpose of the Council is to develop ideas that will improve VCF conferences and member services and help it continue to grow in the next decade.
69. Membership: Councils / Focus Groups Direction: VCF Advisors™, the consulting arm of the Vendor Compliance Federation, includes a team of industry supply chain and retail relationship management experts, offering extensive, first-hand knowledge of operations, strategy and process improvement. Having worked in all aspects of the value stream, our consultants have vast retail, supplier and manufacturing experience and proven success in delivering and improving operations and profitability. Our mission is to foster an environment in which both retailers and suppliers can work together to improve their businesses, ultimately providing the consumer the best product at the best value.
70. Membership: Councils / Focus Groups Direction: Vendor Open Forum Calling All Vendors! In an effort to assist the needs of our vendor members, VCF is now hosting monthly conference calls to address questions they may have in regard to the retail supply chain. Vendor members can ask their peers how they're handling certain situations and share their solutions openly.
92. VCF will handle your registration, marketing, delivery, and post-event to ensure your message is presented in a professional and thought- engaging atmosphere.
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94. Sponsorship: Webinars Branding and Promotion : Web Advertising: VCFWW, the leading retail-supplier collaboration Web site, promotes upcoming Events, including event landing pages and follow-up delivery of presentations. Comprehensive Follow-up: VCF staff will follow up with attendees to grant access to your presentation, provide an event survey, and deliver to you, the registered attendee contact information. These promotional efforts lead to a powerful branding campaign, producing recognition for your company as a leader in your field.
111. Other* (call to discuss area options)All Social Event Sponsors will receive a “Reserved” table location to network with their invited VCF registered attendees.
128. One piece of company marketing collateral included in Attendee Packages
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131. By jointly crafting a survey, VCF can help you study the profile of a group as a whole, creating a descriptive research objective, and then perform a cause-and-effect analysis to understand the source as an explanatory research objective.
132. The survey findings can then support fact-based organizational decisions or continuous improvement projects towards the goal of achieving an organizational mission. Please contact VCF for more information and pricing.
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134. It provides value to its readers and gives credibility to a company, its products and/or services. It tells a story that is interesting and informative. It makes its way to individuals outside of the reach of the normal sales process and ensures that the company's point of view is portrayed accurately at each step. It establishes new markets and decision criteria, and helps internal sponsors build awareness and gain support.
135. VCF can work with you to deliver your message to a targeted audience, both promoting its availability as well as making it accessible through multiple touch-points of communication. Please contact VCF for more information and pricing.
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141. Deliver your message to over 1,500 unique visitors and over 1,600 repeat visitors each month - from retail and manufacturing.
